Nigerian government bond yields have dropped to 20.01% as of Monday, a significant shift in the local debt market driven by a surge in investor demand....
Ethiopia’s defaulted international bond saw a significant surge following the announcement of a $3.4 billion loan agreement with the International Monetary Fund (IMF). The IMF’s decision...
In June 2024, the FMDQ Securities Exchange reported a 30.47% decline in the fixed-income market turnover from the previous month. Despite this downturn, bond trading showed...
The value of corporate bonds issued by Nigerian companies has dramatically decreased by 98% between the last quarter of 2022 and the first quarter of 2024,...
Subscription for the Federal Government bond auction on May 13, 2024 was the lowest so far in 2024. Despite the subdued interest, the government successfully raised...
Axxela Limited, a leading sub-Saharan African gas and power company, has successfully completed its N15 billion Series 1 Bond Issuance. The company raised N16.4 billion due...
The landscape of sustainable investment in Africa is experiencing a significant upswing as the issuance of Environmental, Social, and Governance (ESG) bonds by African entities hit...
Coinbase Global, Inc., the renowned cryptocurrency exchange platform, has announced its strategic move to bolster its financial position by initiating a private sale of $1 billion...
Nigeria has taken a significant step towards its first eurobond issue since 2022 by enlisting the expertise of top-tier investment banks, including Citibank NA, JPMorgan Chase...
The Federal Government’s February bond auction fell short of its target as it raised N1.5 trillion instead of the planned N2.5 trillion. The Debt Management Office...